Word: boomtown
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Dates: during 1990-1999
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Center of the World New York City: "If you can make it there..." Rivals: Silicon Valley, Calif., and its playground San Francisco; Shanghai, Asia's once and future boomtown...
...boomtown growth of the assisted-living industry has left it a bit rough around the edges. While nursing homes are federally regulated, assisted-living communities are overseen by the states and thus subject to widely varying standards. A federal study in four states (California, Florida, Ohio and Oregon) found "unclear or potentially misleading" language in sales brochures for about one-third of the 60 assisted-living homes surveyed. The most common problem was a failure to disclose the circumstances under which a resident can be expelled. One Florida home promised that seniors would not have to move if their health...
...optimism. With his cowboy boots propped up on his desk, he was leaning back in his chair, gazing out the window at the parched and desolate landscape of Midland, 50 miles from the New Mexico border. The financial capital of America's largest oil-producing area, Midland was a boomtown going bust...
...sharp contrast to countries like Germany, where the government holds companies to strict standards for ingredients and manufacturing. Experts say that while the top U.S. and European manufacturers pay close attention to the safety, effectiveness and consistency of their products, parts of the industry resemble a Wild West boomtown, where some 800 lightly regulated U.S. companies compete ferociously with fly-by-night hucksters. "When you open a bottle of nutritional supplements, you don't know what's inside," says Jeffrey Delafuente, a pharmacy professor at Virginia Commonwealth University in Richmond. "There may be some ingredients not listed...
...Didn't Die: When the oil refinery closed down in 1982, this boomtown went bust--22,000 of its 30,000 residents moved away, J.C. Penney and other retailers shut down, and arsonists torched parts of downtown. But in 1986 it joined the Main Street program, began renovating 200 buildings and cashed in on the "heritage tourism" craze (Okmulgee is the capital of the Muskogee Indian Nation...